Western Springs, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Western Springs, IL is $820,000, down 2.0% year-over-year. Homes sell in an average of 37 days with 31 active listings. The market is currently a seller's market.
$820,000median sale price
Homes sold
14
Last 12 weeks
Days on market
37
Average pace
Active listings
31
2.2 months supply
Sale-to-list
100.3%
Above asking
Western Springs, IL market data
| Metric | Value |
|---|---|
| Median sale price | $820,000 |
| Median list price | $1.30M |
| Year-over-year price change | -2.0% |
| Average days on market | 37 days |
| Active inventory | 31 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 100.3% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Western Springs housing market is currently classified as a seller's market with a median sale price of $820,000. Prices have fallen 2.0% compared to last year, with homes spending an average of 37 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Western Springs
There are currently 31 homes listed for sale in Western Springs, Illinois. The median listing price is $1.3M.
Active listings
31
Homes on market
Median list price
$1.3M
Avg. days on market
37
Days until sale
New this week
19
Newly listed
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Frequently asked questions
What is the average home price in Western Springs?
The median home sale price in Western Springs is $820,000, down 2.0% from last year.
How long do homes stay on market in Western Springs?
Homes typically spend 37 days on market before going under contract.
Is Western Springs a buyer's or seller's market?
With 2.2 months of supply, Western Springs is currently a seller's market.
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